Investor doubles up on NASDAQ OMX shares
Sweden

Investor doubles up on NASDAQ OMX shares

Swedish holding company Investor has agreed to double its stake in the NASDAQ OMX Group, the company announced on Thursday.

Couple’s killer sentenced to 13 years in prison
Sweden

Couple’s killer sentenced to 13 years in prison

A 25-year-old man suspected of killing and dismembering a couple from the Båstad area in western Sweden was sentenced to 13 years in prison on Thursday for murder, manslaughter and disturbing the peace of the dead.

ECB unveils €5-billion capital increase
Germany

ECB unveils €5-billion capital increase

The European Central Bank said Thursday that it will nearly double its subscribed capital by 2013 due to greater volatility in financial markets and interest rates, and heightened credit risks.

Sweden’s tolerance ‘at risk’ following attack
Sweden

Sweden’s tolerance ‘at risk’ following attack

While Muslims in Sweden have denounced the country's first suicide bombing, experts warn that Sweden’s far-right may try to exploit the attack in a bid to polarise the nation, AFP’s Rita Devlin Marier explains.

Business school injects real life into MBAs
Sweden

Business school injects real life into MBAs

What is the most common criticism of MBA graduates? It is probably that they learned a great deal about the abstract world, but little about the real world. If that is true, what's the point of going to business school?

Liechtenstein banks end tax evasion probe with €50 million payout
Germany

Liechtenstein banks end tax evasion probe with €50 million payout

Banks in Liechtenstein ended one of the largest tax evasion probes in Germany history by paying a record settlement of €50 million, a media report said Thursday.

Assange granted bail as court rejects appeal
Sweden

Assange granted bail as court rejects appeal

London's High Court granted WikiLeaks founder Julian Assange bail Thursday after rejecting an appeal to keep him in jail while he fights extradition to Sweden to answer allegations of sex crimes.

FDP debates ditching Westerwelle
Germany

FDP debates ditching Westerwelle

Leading members of the pro-business Free Democratic Party are reportedly considering deposing Guido Westerwelle as party boss and foreign minister to reverse the FDP’s fortunes going into an important election year.

Bomber’s explosives identified with FBI help
Sweden

Bomber’s explosives identified with FBI help

Swedish investigators theorise that equipment problems may have caused the Stockholm suicide bomber to divert to a side street, potentially saving many lives. They also claim to have identified explosive material used in the attack.

Bread like baby Jesus? A brief history of German Christmas sweets
Germany

Bread like baby Jesus? A brief history of German Christmas sweets

Germany’s favourite Christmas sweets include spiced Lebkuchen and Spekulatius cookies, as well as the raisin-filled, sugar-coated bread Stollen. But where do they come from? The Local explains some tasty holiday traditions.

Hochtief shareholder to sell stake to Spain’s ACS
Germany

Hochtief shareholder to sell stake to Spain’s ACS

Southeastern Asset Management, an investor in construction group Hochtief, said Thursday it would sell two million shares to ACS of Spain, which has made a bid for the German firm.

Stockholm runners spark rat poison panic
Sweden

Stockholm runners spark rat poison panic

A mysterious pink powder thought to be rat poison deployed by a "drinking club with a running problem" inadvertently caused panic among dog walkers in Stockholm's Södermalm district this week.

Merkel urges EU leaders to stand up for euro
Germany

Merkel urges EU leaders to stand up for euro

German Chancellor Angela Merkel urged European leaders to rally around the crisis-battered euro at a critical summit beginning on Thursday, saying the success of the single currency depended on unity.

Good night’s sleep key to beauty: Swedish study
Sweden

Good night’s sleep key to beauty: Swedish study

Swedish researchers at Stockholm's Karolinska Institute have determined that the attractiveness of a person is far more influenced by a good night's rest than previously thought.

Cities still stripping Hitler of honorary citizenship
Germany

Cities still stripping Hitler of honorary citizenship

The North Rhine-Westphalian city of Dülmen struck Adolf Hitler from its list of honorary citizens on Thursday. But the Nazi dictator still retains similar recognition in towns across Germany, experts say.

Sweden had ‘no say’ in Assange bail appeal
Sweden

Sweden had ‘no say’ in Assange bail appeal

British prosecutors acting for Sweden took the decision to oppose bail for WikiLeaks boss Julian Assange and it was not a direct request from Sweden, Britain's top state prosecutor said Thursday.

Bomber linked to radical preacher: report
Sweden

Bomber linked to radical preacher: report

The man who narrowly missed wreaking carnage in Stockholm with Sweden's first suicide bombing may have had links to radical Muslim preacher Abu Hamza, media reported Thursday.

Troops to start leaving Afghanistan in 2011
Germany

Troops to start leaving Afghanistan in 2011

Foreign Minister Guido Westerwelle on Thursday said German troops will begin leaving Afghanistan at the end of next year.

Jews warned about visiting southern Sweden
Sweden

Jews warned about visiting southern Sweden

A US-based Jewish group has issued a travel warning urging Jews to exercise "extreme caution" when traveling in southern Sweden.

What’s On in Sweden: December 17th – 23rd
Sweden

What’s On in Sweden: December 17th – 23rd

What’s on in Sweden: A mime cabaret in Stockholm, Xmas folk tunes in Gothenburg, and Fatboy consumes Malmö.

What’s on in Germany: December 16 – 22
Germany

What’s on in Germany: December 16 – 22

This week's highlights: A sensational stage show in Berlin, marching snowmen in Hamburg, and Picasso in Munich.

Blizzard bears down on the north
Germany

Blizzard bears down on the north

The German Weather Service (DWD) warned blizzard conditions with dangerous snow drifts were expected to hit northern Germany on Thursday. Meanwhile the rest of the country continued to dig out from relentless winter weather.

Newspapers appeal for Wikileaks protection
Germany

Newspapers appeal for Wikileaks protection

A group of major German newspapers and a human rights advocacy group Thursday published an appeal against the criminalisation of whistleblower website Wikileaks, saying the site deserved as much protection as traditional media.

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Sweden

UK court to decide on bail for Assange

Beleaguered WikiLeaks founder Julian Assange will learn on Thursday if he will be granted bail as he battles extradition attempts to Sweden over allegations of rape and molestation.

Sweden votes to extend Afghanistan mission
Sweden

Sweden votes to extend Afghanistan mission

Swedish lawmakers in the country's parliament, the Riksdag, voted on Wednesday to extend the country's military mission in Afghanistan until the end of 2011.

Sweden’s Ikea to double Chinese stores by 2015
Sweden

Sweden’s Ikea to double Chinese stores by 2015

Swedish furniture giant Ikea announced plans to more than double the number of stores it has in mainland China in the next five years, state media reported on Thursday.

German doctors cure man of HIV
Germany

German doctors cure man of HIV

An American man is still HIV-free more than three years after receiving a stem cell transplant, suggesting the first-ever cure of the virus that causes AIDS, German doctors said this week.